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1 May, 19:34

Sally has 117 shares of stock valued at 2,614.95. Over the next three days, the value per share increases by $1.01,$0.11 and $0.43. What is the total value of her stock?

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  1. 1 May, 20:55
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    The total value of her stock after three days = $ 2796.3

    Step-by-step explanation:

    Total number of shares = 117

    Total value of shares = $ 2614.95

    Value of increase of one share in one day = $ 1.01

    Total value increase of 117 shares in one day = 117 * 1.01 = $ 118.17

    Total value increase of 117 shares on second day = 117 * 0.11 = $ 12.87

    Total value increase of 117 shares on third day = 117 * 0.43 = $ 50.31

    Total value of stock after three days = $ 2614.95 + $ 118.17 + $ 12.87 + $ 50.31

    ⇒ $ 2796.3

    This is the total value of her stock after three days.
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